Definition
Appraisal is the professional assessment of property or asset value by qualified experts. Founders reach for it when a vague conversation needs a shared, specific meaning. Name it clearly, then let the next decision — a hire, a price, a test, or a pass — follow from that meaning.
In the room
How the word shows up in a real conversation.
Two cofounders disagree until they define Appraisal. Once they agree it means “Professional assessment of property or asset value by qualified experts”, the argument becomes a decision.
Common mistake
Using Appraisal as a label instead of a fact. If you cannot point to the evidence — a number, a customer, or a written assumption — you are using the word as jargon.
See also
Appraisal ratio
Performance metric comparing investment returns to the risk taken.
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Appraisal value
Estimated worth of an asset determined through professional evaluation.
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App store optimization
Process of improving mobile app visibility and downloads in app stores.
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Application programming interface (API)
Set of protocols allowing different software applications to communicate.
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